S.D. Admin. R. 6:02:03:03

Current through Register Vol. 51, page 67, December 16, 2024

Section 6:02:03:03 - Confirmation of deposits by public depositors

Pursuant to SDCL 4-6A-12, each public depositor shall furnish the following information within 10 days after receipt of certification of a loss:

(1) The amount of its demand deposits;

(2) The amount of its time deposits at the public depository subject to a loss, according to its records;

(3) Any other transactions with the public depository which might affect the amount due the public depositor from the public depository; and

(4) An explanation of any difference between its deposit records and the amounts certified to it by the commission.

S.D. Admin. R. 6:02:03:03

2 SDR 51, effective 1/13/1976; 24 SDR 93, effective 1/12/1998.

General Authority: SDCL 4-6A-20.

Law Implemented: SDCL 4-6A-12.